Karat Packaging (KRT) Operating Leases (2022 - 2026)

Karat Packaging (KRT) recorded quarterly Operating Leases of $28.8 million in Q1 2026, down 10.12% quarter-over-quarter from $32.1 million in Q4 2025, and down 30.6% on a YoY basis from $41.5 million in Q1 2025.

Karat Packaging (KRT) Operating Leases (2022 - 2026) Analysis & Trends

Karat Packaging's Operating Leases history runs 5 years deep, the most recent figure standing at $28.8 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 30.6% year-over-year to $28.8 million; the TTM figure through Mar 2026 stood at $28.8 million (down 30.6% YoY), while the FY2025 annual figure was $32.1 million, down 9.48% from the prior year.
  • Operating Leases was $28.8 million for Q1 2026 at Karat Packaging, down from $32.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $50.2 million in Q2 2025 to a low of $11.6 million in Q4 2022.
  • Historically, Operating Leases has averaged $29.7 million across 5 years, with a median of $30.5 million in 2025.
  • The sharpest annual moves came in 2024 and 2026: Operating Leases jumped 146.61% in 2024, then plunged 30.6% in 2026.
  • A 5-year view of Operating Leases shows it stood at $11.6 million in 2022, then jumped by 43.57% to $16.7 million in 2023, then surged by 112.35% to $35.4 million in 2024, then fell by 9.48% to $32.1 million in 2025, then dropped by 10.12% to $28.8 million in 2026.
  • The last three Operating Leases figures came in at $28.8 million (Q1 2026), $32.1 million (Q4 2025), and $46.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn
10 Karat Packaging 589.11 Mn 562.42 Mn 41.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 28.83 Mn
Dec 31, 2025 32.07 Mn
Sep 30, 2025 46.90 Mn
Jun 30, 2025 50.22 Mn
Mar 31, 2025 41.54 Mn
Dec 31, 2024 35.44 Mn
Sep 30, 2024 36.60 Mn
Jun 30, 2024 46.61 Mn
Mar 31, 2024 17.75 Mn
Dec 31, 2023 16.69 Mn
Sep 30, 2023 17.79 Mn
Jun 30, 2023 18.90 Mn
Mar 31, 2023 15.07 Mn
Dec 31, 2022 11.62 Mn